Morgan Stanley China A Share Fund (NYSE:CAF) Stock Passes Below 200-Day Moving Average – What’s Next?

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $12.79 and traded as low as $11.95. Morgan Stanley China A Share Fund shares last traded at $12.19, with a volume of 96,495 shares.

Morgan Stanley China A Share Fund Stock Down 3.4 %

The business’s 50 day simple moving average is $12.81 and its 200-day simple moving average is $12.79.

Hedge Funds Weigh In On Morgan Stanley China A Share Fund

Institutional investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio bought a new stake in shares of Morgan Stanley China A Share Fund during the 3rd quarter worth approximately $9,304,000. Wolverine Asset Management LLC increased its holdings in Morgan Stanley China A Share Fund by 88.2% during the fourth quarter. Wolverine Asset Management LLC now owns 83,378 shares of the investment management company’s stock worth $1,039,000 after buying an additional 39,075 shares during the last quarter. Quantedge Capital Pte Ltd raised its position in Morgan Stanley China A Share Fund by 2.7% during the fourth quarter. Quantedge Capital Pte Ltd now owns 62,151 shares of the investment management company’s stock worth $774,000 after acquiring an additional 1,650 shares in the last quarter. Shaker Financial Services LLC raised its position in Morgan Stanley China A Share Fund by 20.9% during the fourth quarter. Shaker Financial Services LLC now owns 37,588 shares of the investment management company’s stock worth $468,000 after acquiring an additional 6,500 shares in the last quarter. Finally, CSS LLC IL lifted its stake in Morgan Stanley China A Share Fund by 4.2% in the fourth quarter. CSS LLC IL now owns 29,874 shares of the investment management company’s stock valued at $372,000 after acquiring an additional 1,200 shares during the last quarter.

Morgan Stanley China A Share Fund Company Profile

Morgan Stanley China A Share Fund, Inc is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc It is co-managed by Morgan Stanley Investment Management Company. The fund invests in the public equity markets of China. It seeks to invest in the stocks of companies operating across diversified sectors.